E1: 12: ITD Even Depreciation Amounts for All Periods First Year (R12855/P12851)( Inception to Date Depreciation Rule ) (Doc ID 1313827.1)

Last updated on JUNE 07, 2022

Applies to:

JD Edwards EnterpriseOne Fixed Assets - Version XE and later
Information in this document applies to any platform.

Purpose

This information will help Fixed Asset Users and IT-Information Technology Staff help create a rule that takes the same amount of depreciation in all periods and in all years when using inception to date standard rules. The standard predefined straight-line inception to date rules take a different amount in the first year's period amounts than they do in subsequent years. This rule calculates the same amount in each period of each year. This rule is different than the standard rules using method of computation P-Current Period, as P-Current Period rules execute cost divided by the life months, and do not consider prior year and period depreciation. This rule is the same as the standard straight-line inception to date rule except it calculates the same amount of depreciation in the first year as in the subsequent years and considers the prior year and period depreciation when calculating the amount needed.